Carlyle Group, EQT, HongShan Capital Group and Boyu Capital are preparing final offers for a controlling stake in Starbucks’ China operations, Reuters reports, citing people familiar with the matter.
- Primavera Capital is also in the final round of bidders, but likely to team up with one of the four primary bidders, two of the people said
- Starbucks has asked suitors to submit binding bids by early October, three of the people said
- An agreement could be reached by the end of next month, one of them said
- Terms of the deal structure, including the size of the stake being ...